Current market indeed shows signs of a second dip, but the bottom of the second dip has not fallen below the position of the first bottom, indicating that the market may still be undergoing adjustments.
At the same time, we cannot rule out the possibility that large funds or most investors are eager to recoup their losses, which may lead to a rapid sell-off during the upward process.
Personally, I lean towards the first scenario, where the market, after confirming the bottom, may welcome a rebound.
In this case, altcoins may enter a phase of sector rotation, with popular altcoins performing relatively strongly due to changes in market sentiment.
Therefore, there may be good performance in the future, especially for those projects with strong fundamentals and broad consensus.